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Greystone Provides $22.3 Million in Fannie Mae DUS® Financing for Multifamily Property in Ogden, Utah
Globenewswire· 2026-02-25 15:00
NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $22,336,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance Canyon View Living on 12th, a 108-unit multifamily property in Ogden, Utah. The financing was originated by Lorie Hanson, Managing Director at Greystone, with Johnny Clawson from The Clawson Group, Inc. acting as correspondent. Constructed in 2024, Canyon View Living on 12th in Weber County is a 4-s ...
The tide might be turning for homebuyers in 2026. How buyers and sellers can make real estate work in 2026
Yahoo Finance· 2026-02-24 18:33
According to Lawrence Yun, the NAR’s chief economist, “Inventory levels are about 20% above one year ago, so there are more choices for consumers (6).” Meanwhile, Realtor.com’s 2026 housing forecast predicts an 8.9% year-over-year increase in existing home inventory for 2026 (7).The good news for homeowners is that housing inventory appears to be on the rise.One big reason home prices generally remain high has been limited inventory. When supply is scarce, prices tend to rise.Here’s a closer look at why thi ...
Mortgage and refinance interest rates today, February 24, 2026: Another new low (5.76% 30-year fixed)
Yahoo Finance· 2026-02-24 11:00
Mortgage rates have hit another new low. According to Zillow, the average 30-year fixed rate is 5.76%. Today's 15-year fixed rate is 5.37%. If you've been waiting for a sub-6% rate, here's your opportunity. The number of lenders offering mortgage rates under 6% is growing. Today's mortgage rates Here are the current mortgage rates, according to our latest Zillow data: 30-year fixed: 5.76% 20-year fixed: 5.78% 15-year fixed: 5.37% 5/1 ARM: 5.86% 7/1 ARM: 5.69% 30-year VA: 5.38% 15-year VA: 5.04% ...
US mortgage rates drop to lowest since 2022 at 5.99% — Here's how much refinancing Americans can get for their homes
MINT· 2026-02-24 02:59
Mortgage rates in the United States have dropped below 6%, according to the White House. In a post on social media platform X (formerly Twitter), it further stated that this is the lowest mark since 2022.The average 30-year fixed mortgage rate in the US dropped to 5.99% on Monday — same as in 2022, and over a percentage lower than the 6.89% rate the same time last year, CNBC reported.“Mortgage rates just fell BELOW 6%, the lowest mark in years. President (Donald) Trump is helping make the American dream aff ...
Mortgage rates fall below 6% to 4-year low — will home loan rates drop further?
The Economic Times· 2026-02-23 22:06
The average 30-year home loan rate has fallen below 6%, which is the lowest level since September 2025. Earlier, Lower payments can help many buyers who were waiting to return to the housing market. The main reason rates fell is because U.S. Treasury yields dropped as markets expect slower growth and lower inflation, as reported by InvestingLive. Why mortgage rates are fallingEven with lower rates, the housing market may not boom because home supply is still limited and prices remain high. However, crossin ...
Mortgage and refinance interest rates today, February 23, 2026: Looking for a rate below 6%? (How is 5.86%?)
Yahoo Finance· 2026-02-23 11:00
Core Insights - The average 30-year fixed mortgage rate has dropped to 5.86%, while the 15-year fixed rate is at 5.41% [1][17][18] Current Mortgage Rates - The current national average mortgage rates are as follows: - 30-year fixed: 5.86% - 20-year fixed: 5.82% - 15-year fixed: 5.41% - 5/1 ARM: 5.97% - 7/1 ARM: 6.10% - 30-year VA: 5.50% - 15-year VA: 5.06% - 5/1 VA: 5.24% [6][17] Mortgage Payment Calculations - For a $300,000 mortgage at a 30-year term with a 5.86% rate, the monthly payment would be approximately $1,772, resulting in $337,826 paid in interest over the loan's life [8] - For the same mortgage amount at a 15-year term with a 5.41% rate, the monthly payment would increase to $2,437, with total interest paid being $138,650 [10] Adjustable Mortgage Rates - Adjustable-rate mortgages (ARMs) typically start with lower rates than fixed rates but can increase after the initial period. For example, a 5/1 ARM has a fixed rate for the first five years [11][12] - Recent trends show that ARM rates can be similar to or even higher than fixed rates, emphasizing the need for careful comparison when selecting a mortgage type [13] Factors Influencing Mortgage Rates - Lenders offer lower mortgage rates to borrowers with higher down payments, excellent credit scores, and low debt-to-income ratios. Strategies to secure lower rates include saving more, improving credit scores, and reducing debt [14] - Borrowers can also consider buying down their interest rates through discount points at closing, which can affect long-term savings [15][16] Future Rate Predictions - Forecasts from the MBA suggest that the 30-year mortgage rate will remain around 6.1% through 2026, while Fannie Mae predicts a rate near 6% by the end of the year [19]
Homebuyers are paying more for mortgage credit checks. Here’s why
CNBC· 2026-02-22 14:30
In this articleEFXTRUFICOMorsa Images | Digitalvision | Getty ImagesThere's a line item in homebuyers' closing costs that's causing a clash in the mortgage industry: the fee for lenders to check borrowers' credit.While the charges — typically in the tens or hundreds of dollars — represent a tiny slice of the amount that buyers pay when a home purchase is finalized, the cost has risen sharply in recent years. Costs in 2026 could rise an average 40% to 50%, according to a Dec. 12 letter from the Mortgage Bank ...
Mortgage and refinance interest rates today, February 21, 2026: Slightly higher but still below 6%
Yahoo Finance· 2026-02-21 11:00
Core Insights - Mortgage rates have seen a slight increase, with the current 30-year fixed rate at 5.86%, up five basis points, and the 15-year fixed rate at 5.41%, up six basis points [1] Mortgage Rates Overview - Current national average mortgage rates include: - 30-year fixed: 5.86% - 20-year fixed: 5.82% - 15-year fixed: 5.41% - 5/1 ARM: 5.97% - 7/1 ARM: 6.10% - 30-year VA: 5.50% - 15-year VA: 5.06% - 5/1 VA: 5.24% [5] Refinance Rates - Today's mortgage refinance rates are generally higher than purchase rates, with national averages rounded to the nearest hundredth [3] Market Conditions - The current housing market is more favorable compared to the previous years, with home prices stabilizing and mortgage rates having dropped since last year [16] - Predictions indicate that the 30-year mortgage rate is expected to remain around 6.1% through 2026, with Fannie Mae forecasting a rate near 6% by the end of the year [19] Rate Variability - Mortgage rates can vary significantly based on the source reporting them, with Zillow's rates typically lower than those from Freddie Mac due to different data collection methods [18]
Mortgage and refinance interest rates today, February 20, 2026: Lowest since September 2022
Yahoo Finance· 2026-02-20 11:00
Core Insights - Mortgage rates have reached their lowest levels since September 2022, with the average 30-year fixed rate at 6.01% and the 15-year fixed rate at 5.35% [1][12][13] - The decline in mortgage rates is expected to increase both purchase and refinance demand, prompting potential borrowers to start comparing lenders for the best offers [1] Current Mortgage Rates - The current national average for a 30-year fixed mortgage is 6.01%, while the 15-year fixed mortgage stands at 5.35% [1][13] - Refinance rates are generally higher than purchase rates, but specific current refinance rates were not detailed in the provided content [3] Mortgage Rate Trends - Mortgage rates have been on a downward trend since the end of May, with expectations of gradual decreases rather than drastic changes through 2026 [12] - The Mortgage Bankers Association forecasts that the 30-year mortgage rate will remain around 6.1% through 2026, while Fannie Mae predicts similar rates near 6% for the same period [14] Types of Mortgages - Fixed-rate mortgages provide stability with a locked-in rate for the entire loan term, while adjustable-rate mortgages (ARMs) offer lower initial rates that can change after a set period [6][7] - A 30-year fixed-rate mortgage is suitable for those seeking lower monthly payments, while a 15-year fixed-rate mortgage is ideal for borrowers looking to pay off their loans faster and save on interest [9][10]
Greystone Provides $20.7 Million in Fannie Mae Financing for Heather Glenn Apartments in Florida's Panhandle
Globenewswire· 2026-02-19 21:20
NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced it has provided $20,700,000 in Fannie Mae financing for the acquisition of Heather Glenn Apartments, a 168-unit multifamily property in Fort Walton Beach, Florida. The financing was originated by Rob Meehan and Avrom Forman, Managing Directors at Greystone. Heather Glenn Apartments, located in Okaloosa County, is a garden-style affordable housing community offering one-, two-, three-, ...